How high can XRP price go from its $3.66 multimonth high?

Key Points

1. XRP reached a multimonth high of $3.66, fueled by regulatory clarity and institutional adoption, including the resolution of Ripple’s SEC lawsuit.

2. A bull pennant formation on the 4-hour chart suggests a potential breakout to $4.20, with the price currently holding above the 50-day EMA.

3. Analyst Milkybull Crypto identifies a 1.618 Fib extension target at $5.32, with upper targets near $8, supported by a confirmed MACD crossover on the weekly chart.

4. The XRP Dominance Index (XRP.D) is at 5.30%, with a breakout above 5.50% potentially doubling the XRP price to $7–$10, based on historical patterns.

5. XRP's market cap surpassed $210 billion, ranking it third among cryptocurrencies, amid bullish momentum from regulatory and institutional developments.